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Paloma Resources (TSXV:PLO.H) Total Inventories : C$0.00 Mil (As of Dec. 2023)


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What is Paloma Resources Total Inventories?

Paloma Resources's total inventories for the quarter that ended in Dec. 2023 was C$0.00 Mil. Paloma Resources's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was C$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Paloma Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Paloma Resources's Days Inventory for the three months ended in Dec. 2023 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Paloma Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Paloma Resources Total Inventories Historical Data

The historical data trend for Paloma Resources's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Paloma Resources Total Inventories Chart

Paloma Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
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Paloma Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Paloma Resources Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Paloma Resources  (TSXV:PLO.H) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Paloma Resources's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.04+0.75 * 0.013+0.5 * 0-0.334
-0-0)/7.01225
=-0.04

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Paloma Resources's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0/0.002*365 / 4
=0.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Paloma Resources's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0.002 / 0
=N/A

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Paloma Resources's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 0.002
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Paloma Resources Total Inventories Related Terms

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Paloma Resources (TSXV:PLO.H) Business Description

Traded in Other Exchanges
N/A
Address
701 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V7Y 1C6
Paloma Resources Inc is an oil and gas company. The company is focused on exploration, acquisition, and production of oil and gas reserves in the United States. It holds an interest in oil and gas properties located in the Jefferson and Wilkinson counties, Mississippi, USA.

Paloma Resources (TSXV:PLO.H) Headlines

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